Country: Asia Pacific Page 38 / 655
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- June 26 2026
Taiping Indonesia completes first cross-border renminbi reinsurance deal
Deal involves four cross-border renminbi premium payments tied to a construction insurance policy for a nickel and cobalt project.
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- June 26 2026
Buyer-friendly renewals persist at 1.7 as soft market signs mount, but reinsurers signal pricing floor
Rate reductions of 10–15% on loss-free business, with deeper cuts in some cases, as terms and conditions hold firm, industry insiders told InsuranceAsia News.
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- June 25 2026
Asia factory cyberattacks leaving billion-dollar assets underinsured, TMK says
Surge in cyberattacks targeting industrial control systems has exposed a critical insurance gap, leaving manufacturing firms vulnerable to uninsured physical damage and production stoppages despite holding large property policies, according to Tokio Marine Kiln.
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- June 25 2026
Aon’s Reinsurance Solutions names Chin Fong Teh as APAC chief of staff
Singapore-based Teh, who has two decades of experience in reinsurance operations, transformation and regional leadership, reports to Asia Pacific CEO Rupert Moore.
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- June 25 2026
‘Big shoes to fill’ as Michael Abdallah departs Liberty after 27 years, Marcus Thomas named CUO
Chairman of Australia and chief underwriting officer for Asia Pacific will retire on September 30, with Hong Kong-based Thomas taking over as CUO in the region on July 1.
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- June 25 2026
Australia’s cyclone pool has moderated premiums in high-risk areas: ACCC
Pool is delivering targeted premium relief for households and small businesses most exposed to cyclone risk, although broader cost pressures continue to push prices higher nationwide.
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- June 25 2026
GIC Re targets 40% foreign business share, pivot away from overseas property cat risks: report
India’s state-owned reinsurer plans to grow in north Asia and parts of Europe, while rebalancing towards casualty and specialty lines, chairman Hitesh Joshi says.
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- June 25 2026
Japanese non-life insurers seen sustaining strong underwriting profits: Fitch
Robust underwriting profits as quiet catastrophe losses, higher domestic rates and strong overseas specialty lines support earnings.
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- June 25 2026
PSC Insurance Brokers acquires transport specialist MA Insurance Brokers
Ardonagh Group-owned Australian broking group says the deal strengthens its capabilities in the transport and logistics sector.
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- June 25 2026
HDI Global hires Amiel Poonan as property underwriter
He joins in Brisbane following broking stints at Barrack Broking and PSC Insurance Group.
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- June 25 2026
Markel taps Henry Ang as Singapore head of terrorism
Singapore-based Ang joins from Everest, where he led political violence and terrorism for Asia alongside a property underwriting role.
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- June 25 2026
Howden Re deepens China bench with trio of managing directors
Reinsurance broker appoints Houqin Zhu as head of China treaty, Mike Xin as Asia Pacific agriculture head and David Song as head of greater China retrocession.
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- June 25 2026
Opinion: Late to the party Singapore started, Hong Kong has arrived in the MGA space
Hong Kong's Insurance Authority has adopted a favourable approach to MGA proposals, with estimates that the city has 20 MGAs.
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- June 24 2026
GSIS sets aside US$1.1m in reserves for Mindanao earthquake claims: report
Figure covers initial reports involving 4,403 insurance policies with a combined insured value of US$383.2m.
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- June 24 2026
Howden names Supaporn Chanin as power, energy director in Thailand
She brings nearly three decades of experience in insurance and risk management.
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- June 24 2026
ICA launches consultation on new legally enforceable code of practice draft
Other provisions include automatic claim acceptance for home and motor claims which have not received a decision within a year of filing, and stronger support for vulnerable customers.
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- June 24 2026
US$100bn cat bond market ‘in reach’ as 2026 heads for record issuance: Gallagher Re
Strong demand from investors for new perils and for risk from underrepresented regions such as Asia Pacific, according to Jason Bolding, CEO of Gallagher Securities.
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- June 23 2026
China’s first ultra‑light eVTOL cross‑boundary insurance launched in Qianhai
Yingwu Intelligent Technology (YIVTOL) has secured more than US$2.6m in coverage for its S‑Zero model through a policy arranged in Hong Kong.
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- June 23 2026
Japan non-life stability holds as higher rates boost investment income despite claims inflation: AM Best
Rising domestic interest rates and the rollout of J‑ICS strengthen Japan’s non-life sector, even as claims inflation and major earthquake risks continue to weigh on performance.
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- June 23 2026
Piers Maunder retires from Australia reinsurance industry after 50-year career
He has been a senior adviser to Gallagher Re since 2023.
